Corporate Operations: Page 127
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Utz goes public following deal with blank check firm Collier Creek
Trading of the snack company's stock begins Aug. 31 after the deal officially closed Friday.
By Christopher Doering • Updated Aug. 28, 2020 -
Retrieved from Snacks.com on May 12, 2020
Why PepsiCo launched 2 new direct-to-consumer sites
Snacks.com and PantryShop.com are part of the company's efforts to meet consumers where they shop, as e-commerce becomes a bigger part of their buying habits.
By Christopher Doering • May 12, 2020 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Opinion
Pandemic on our plates: The high health risks of industrial animal agriculture
The way animals are raised for meat, physician Shivam Joshi and Josh Balk of the Humane Society write, the U.S. is engaging in a practice that’s a tinderbox for the next outbreak.
By Shivam Joshi and Josh Balk • May 11, 2020 -
U.S. Department of Agriculture. Retrieved from Flickr.
As coronavirus spreads in meat plants, nearly 200 USDA inspectors test positive
Three Food Safety and Inspection Service inspectors have died from the virus. The agency said it has enough face masks to keep personnel supplied for the next few months.
By Lillianna Byington • May 11, 2020 -
Clif Bar names CPG veteran Sally Grimes as its new CEO
The former Kraft Foods and Hillshire Brands executive will replace the company's founder Gary Erickson who is currently co-CEO. He will remain on the snack maker's board.
By Jessi Devenyns • May 11, 2020 -
Ingredion launches sugar substitute made from erythritol
The ingredient, which has a distinctive cooling effect, is made through fermentation and can be found naturally in some fruits and vegetables.
By Jessi Devenyns • May 7, 2020 -
Opinion
Expert advice for CEOs during a crisis
Now is the time to have a communication plan. Lisa Cruz of Red Shoes Inc. walks through how to put one together and be effective.
By Lisa Cruz • May 7, 2020 -
Food industry shies away from posting about COVID-19 on social media, reports finds
Only 8% of its content is mentioning the crisis, according to ListenFirst Media, and posts from the industry overall were down 12% compared to 2019.
By Jessi Devenyns • May 7, 2020 -
How SoRSE Technology is formulating CBD products in a pandemic
As interest in infused food and drink has increased during the outbreak, the supplier is staggering shifts in the lab and sending samples to different locations.
By Lillianna Byington • May 7, 2020 -
Danone names Shane Grant as CEO for North America
The company also announced its Essential Dairy and Plant-Based business will begin operating separately in North America.
By Jessi Devenyns • Updated May 13, 2020 -
About Dang time: Why a snack brand is playing up its Asian-American heritage
The company known for coconut chips and keto bars is putting its founders' faces, story and heritage front and center — and is speaking out against racial discrimination.
By Megan Poinski • May 7, 2020 -
Kerry expands clean label reach with 2 acquisitions
The purchases of IsoAge Technologies and Biosecur Lab will help the company better respond to trends such as eating healthier.
By Christopher Doering • May 7, 2020 -
Plant closures could result in empty meat cases this summer, report says
CoBank found grocery store supplies of the protein could shrink by nearly a third by Memorial Day, leading to pork and beef price increases as high as 20% compared to last year.
By Lillianna Byington • May 6, 2020 -
Deep Dive
Online alcohol sales may see permanent rise as coronavirus alters shopping habits
Data insights firm Kantar estimates that 30% of new customers who try buying booze through e-commerce for the first time during the pandemic will remain long-term users.
By Christopher Doering • May 6, 2020 -
USDA photo by Preston Keres. (2017). "20170428-OSEC-PJK-1465" [photograph]. Retrieved from Flickr.
Lawsuit about worker conditions at Smithfield plant dismissed
Since the case was filed, the meat processor has made several changes to its Milan, Missouri location and OSHA has put in place new regulations on how manufacturing facilities should be run.
By Megan Poinski • May 6, 2020 -
Impossible Foods moves onto Kroger shelves today
The plant-based meat company's flagship burger product is available at 1,700 locations owned by the nation's largest grocer, increasing Impossible's retail reach to about 2,700 stores nationwide.
By Megan Poinski • May 5, 2020 -
Flow Alkaline Spring Water raises $45M
The company, which recently opened a spring in Virginia and is set to roll out collagen-infused drinks this month, hopes to double its consumer base by 2021.
By Megan Poinski • May 5, 2020 -
USDA to purchase $470M in surplus meat, dairy and produce
After facing criticism that the government's efforts have been slow to help producers during the pandemic, the department said this will allow food to be distributed to communities nationwide.
By Lillianna Byington • May 5, 2020 -
Tyson CEO says meat supply will increase in back half of year
When asked if its plants could build back up to pre-coronavirus capacity given operational changes, such as social distancing, that need to be implemented, Noel White said, "The answer would be yes."
By Emma Cosgrove • May 5, 2020 -
Anheuser-Busch wins appeal in corn syrup battle with Molson Coors
The Seventh Circuit Court of Appeals wrote in its decision if the brewer does not like the "sneering tone" of the ad, it "can mock" its rival through its own advertisement.
By Christopher Doering • May 5, 2020 -
Constellation boosts stake in Canopy Growth to 39%
The marketer of Corona and Modelo still holds warrants and notes, which if exercised, would increase its ownership in the company to nearly 56%.
By Lillianna Byington • May 4, 2020 -
Justice Department approves DFA purchase of Dean Foods' assets
As a condition of the deal, antitrust officials said the dairy co-op must divest three processing plants to alleviate potential competitive harm.
By Lillianna Byington • May 4, 2020 -
Hershey sells Krave jerky to incubator led by the brand's founder
Sonoma Brands, a private equity firm founded by Jon Sebastiani after he sold the jerky brand to the sweets maker in 2015, also owns Smashmallow and Dang.
By Christopher Doering • May 4, 2020 -
Blue Bell fined $17.25M for 2015 listeria outbreak
The ice cream company was sentenced Thursday after pleading guilty in May to distributing adulterated food products.
By Megan Poinski • Updated Sept. 18, 2020 -
Kellogg delays Incogmeato product launch due to the pandemic
CEO Steven Cahillane said on the company’s earnings call that it shifted the investment for the launch to the second half of the year to focus on supplying the market with food.
By Lillianna Byington • May 1, 2020